Stanford GSB MBA Program Financial Aid_banner

Tuition & Financial Aid

A Stanford MBA degree is a significant investment in you and your future. To help you fund the full cost of your attendance, Stanford offers generous fellowships to those with demonstrated need.

Our community is committed to providing you the opportunity to attend Stanford GSB regardless of your financial resources. Stanford GSB can help you fund your MBA through a combination of student loans and fellowship awards.

We provide fellowships and loans to U.S. citizens and permanent residents, as well as international students who have demonstrated need. Fellowships are gifts from our community, and they do not have to be repaid. The average Stanford GSB fellowship for the class of 2021 was approximately $40,000 per year or $80,000 in total awards.

Need-Based Aid

Stanford MBA Program admission is need-blind. We do not consider your personal resources for financing your education in our admission decisions.

Every student admitted to the Stanford GSB has demonstrated significant leadership potential, intellectual vitality, and personal qualities that will contribute to the MBA class. These admission decisions do not consider how you will finance your MBA degree — they are made prior to you submitting a financial aid application.

Once you have been admitted, the Stanford GSB calculates an expected student contribution based on your particular financial situation. The difference between the cost of attendance and the expected student contribution is then covered by a combination of fellowships and loans. Stanford GSB fellowships will be awarded based solely on your demonstrated financial need. You may also apply for one of Stanford GSB’s full-tuition fellowships for students from specific backgrounds.

Your Financial Contribution

All students are expected to contribute a portion of their income and assets to funding their Stanford MBA. Students are encouraged to repay consumer debt prior to applying for financial aid at Stanford GSB.

Affording Business School
Affording Business School
Stanford GSB students share how they approached funding their MBA and their personal experiences navigating the financial aid process.

We’re Here to Help

The financial aid office staff is available to answer questions about the application process and policies at any time. However, due to the large number of applications for admission to the Stanford MBA Program, the financial aid office reviews and awards financial aid to admitted students only.


Frederick Evans
Alumni Spotlight
The R. Michael Shanahan Fellowship Recipient

Stanford is the institution I’ve dreamed of attending for years, and thanks to your support, I have even more opportunities than I could have hoped for.

Last Updated 15 Jun 2020